Solar Panel Cost Guide in Mahoning, PA (2023 Update)
- Mahoning Solar Installation Cost: $12,174
- 25-Year Savings: $12,652
- Payback Period: 12.3 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Mahoning
Find out what the average cost of solar panels are in Mahoning.
In Mahoning, solar panels cost about 2.55 per watt on average. Since a 6.8-kW system is needed to cover the energy usage of a typical home in Mahoning, the average price of going solar will be about $12,174 after claiming the federal solar tax credit of 30%.
The prices above are just estimates to give you an idea of how much solar panels could cost. The true cost of installing solar panels can vary depending on a few factors, such as how many panels you need, your energy usage and what installation company you go with. With typical savings of about $14,000 on power bills over 20 years, many homeowners in Mahoning find installing solar panels has a decent ROI.
You can click the button below to get connected with a pre-vetted solar company in Mahoning that can help you get a more accurate cost estimate for your home.
Solar savings over time in Mahoning
| Year | Return on Investment |
|---|---|
| 1 years | $-11,181 |
| 3 years | $-9,195 |
| 5 years | $-7,209 |
| 7 years | $-5,223 |
| 9 years | $-3,237 |
| 11 years | $-1,250 |
| 13 years | $736 |
| 15 years | $2,722 |
| 17 years | $4,708 |
| 19 years | $6,694 |
| 21 years | $8,680 |
| 23 years | $10,666 |
| 25 years | $12,652 |
Top Solar Installers in Mahoning
When switching to solar energy, many homeowners decide to hire a solar installation company since DIY solar panel installation can be a challenging project. A solar installer can also help save you money over the lifespan of your system by offering warranties, repairs and system component replacements.
If you'd like to start using solar energy but still aren't sure which solar panel installer to go with, here are our recommendations for providers near you:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Mahoning
Factors that Affect Solar Panel Costs in Mahoning
Though the average cost of a solar system in Mahoning is $12,174, your final cost may differ. There are many factors that can have a major impact on the cost of a solar panel installation. Below are some of the more important things to take into consideration.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to spend about $2,550 per kilowatt in Mahoning. The brand and type of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a significant investment. That's why many Mahoning homeowners choose to finance their solar panel systems to make going solar more affordable. However, the interest on solar loans also increases your all-in costs, so it's important to keep that in mind as well. You can always reduce the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
The last key cost factor you should take into consideration is the installer you choose. Given the growing popularity of sustainable energy solutions in Mahoning, you'll have lots of options to choose from, but each comes at various price points for labor and equipment. You may notice national solar installers that have lower prices due to their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or specials to compete with those major players.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $2.65 | $11,138 | $10,709 | 12.7 years |
| 8 kW | $2.60 | $14,566 | $14,564 | 12.5 years |
| 10 kW | $2.55 | $17,850 | $18,563 | 12.3 years |
| 12 kW | $2.50 | $20,992 | $22,704 | 12.0 years |
| 14 kW | $2.45 | $23,990 | $26,987 | 11.8 years |
| 16 kW | $2.40 | $26,846 | $31,414 | 11.5 years |
| 18 kW | $2.35 | $29,560 | $35,983 | 11.3 years |
| 20 kW | $2.29 | $32,130 | $40,695 | 11.0 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years likely offer high-quality solar panel installation and expertise.
- Contract: When looking over your solar company's contract, ask for clarification about any terms you're not sure of and make sure you understand what happens in scenarios like a system part breaking or the company going out of business.
- Installation Process: When making the switch to solar, it's essential to keep an open line of communication with your solar panel installer. Confirm that you understand how the installation process will go and the project completion timeline.
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you go with.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Mahoning, PA Solar Cost FAQs
How much does it cost to install solar panels in Mahoning?
This is a tough question to answer exactly, because the cost depends on many factors. Broadly speaking, it costs about $12,750 for a 5-kW system and $25,500 for a 10-kW system after the ITC is applied. It will be more expensive if you want additional solar equipment or more efficient panels, or if you have above-average energy usage. Conversely, you can spend less if you want a smaller solar panel system or less expensive solar panels.
What other factors should I consider other than cost when buying solar panels?
The initial cost is a key factor to consider, but whether it's the most important for you depends on why you decided to go solar. In places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
How much can I save on power bills after switching to solar?
It is possible to erase your electricity bills with solar panels, but for most homeowners in Mahoning, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy needs and the average daily sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to cover their typical energy usage.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.